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Disney Reports Strong Earnings, Citing Robust Cost-Cutting Effort

Citing success in its extensive cost-cutting efforts, the Burbank-based Walt Disney Co. Wednesday reported strong first-quarter earnings, with revenue topping $23.5 billion and diluted earnings per share at $1.04, up from 70 cents in the same quarter a year ago. “Our first quarter earnings results reflect the progress we’ve made in our strategic transformation, as […]

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